http://www.etftrends.com/forum/ Keeping a grip on exchange-traded funds (ETFs) en Sat, 26 May 2012 14:53:11 +0000 http://www.etftrends.com/forum/topic/the-rebalancing-of-leveraged-etfs#post-306 Fri, 15 Jan 2010 07:17:05 +0000 StanB 306@http://www.etftrends.com/forum/ <p>Thank you Donato! I'll check out the prospectus of other LETFs. I had only looked into two before posting here and they didn't mention the time of re-balancing. I sent the same question to one of the banks after posting and they told me that they re-balance around the time derivatives market closes. </p> http://www.etftrends.com/forum/topic/the-rebalancing-of-leveraged-etfs#post-305 Fri, 15 Jan 2010 06:42:19 +0000 Donato 305@http://www.etftrends.com/forum/ <p>Hi Stan . . .<br /> The answer for each fund can be found in it's respective prospectus. Which you can probably get online these days. I think most, if not all, the rebalancing takes place at the open. </p> http://www.etftrends.com/forum/topic/the-rebalancing-of-leveraged-etfs#post-304 Fri, 15 Jan 2010 05:49:37 +0000 StanB 304@http://www.etftrends.com/forum/ <p>Hi!</p> <p>I'm currently in the the pre-phase of writing my master thesis on Leveraged ETFs, so I'm gathering source material to better my understanding of the product. One question I have is how often the fund managers re-balance the LETFs. Is it during exchange hours, before,after?<br /> Banks in my home country (Norway) post the NAV(net asset value) five times a week, usually every morning right before the exchange opens. So am I to understand correctly that the fund managers re-balance the funds upon closing time at the exchange and calculate the NAV that is further posted the morning after? </p>